All of the Following Are Necessary Conditions for an Efficient

question 86

Multiple Choice

All of the following are necessary conditions for an efficient market EXCEPT

• A) low trading or transaction costs.
• B) many buyers and sellers.
• C) free and readily available information to market participants.
• D) low stock prices.

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Definitions:

Ocean Currents

Large-scale movements of water within the oceans that play a critical role in regulating the Earth's climate by distributing heat around the planet.

Asthenosphere

The semi-fluid layer of the Earth located below the lithosphere, allowing for plate tectonic movement.

Inner Core

The Earth's innermost layer, composed mainly of iron and nickel, solid due to extremely high pressure despite its high temperature.

Outer Atmosphere

The outermost layer of Earth's atmosphere, extending beyond the mesosphere, primarily composed of extremely low densities of hydrogen, helium, and other lighter gases.